top of page
The economic footprint of the biopharmaceutical industry can be measured by traditional indicators of employment and output, and its impact on the vendors, large and small, that provide services or supplies to America's biopharmaceutical research companies. The data below illustrates jobs, economic impact and clinical trial data for the industry as a whole, and vendor/supplier data from 15 major biopharmaceutical companies regarding their business relationships and total expenditures paid to vendors in Texas in 2022.
Economic
Output
$95B
Direct Jobs Supported by the Industry
49,165
Total Jobs Supported by the Industry
309,628
State Total Vendor Relationships
2,455
State Total Vendor Spending
$2,573,397,507
Clinical Trials
6,072
Clinical Trial Participants
2,720,091
bottom of page